How many Kidokinetics outlets opened in Pennsylvania during 2022?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
021 - 2023
| Outlets | ||||||||
|---|---|---|---|---|---|---|---|---|
| at Start | Reacquired | Ceased | ||||||
| Outlets | Termina- | Non- | Opera- | Outlets at End of | ||||
| State | Year | of | by | |||||
| the Year | Opened | tions | Renewals | Franchisor | tions-Other Reasons | the Year | ||
| Arizona | 2021 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2023 | 0 | 4 | 0 | 0 | 0 | 0 | 4 | |
| California | 2021 | 0 | 0 | 0 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 54–59)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, there was one Kidokinetics outlet opened in Pennsylvania during 2022. The table provided in Item 20 outlines the status of franchised outlets for the years 2021-2023, detailing openings, terminations, and closures. This information is valuable for potential franchisees to understand the brand's growth and stability in specific regions.
Specifically, the table shows that at the start of 2022, there were no Kidokinetics outlets in Pennsylvania. During 2022, one new outlet was opened. There were no terminations, non-renewals, re acquisitions by the franchisor, or other reasons for ceased operations. Therefore, at the end of 2022, there was one Kidokinetics outlet in Pennsylvania.
This level of detail in the FDD helps prospective franchisees assess the opportunities and risks associated with investing in a Kidokinetics franchise in Pennsylvania. Reviewing the performance in specific states over multiple years provides a clearer picture than just looking at overall system growth. Franchisees should further investigate why only one outlet opened and closed in Pennsylvania during this period to understand the market dynamics and potential for future growth.